Fire Resistant Fabrics Market size was valued at USD 4.8 Billion in 2023 and is set to reach USD 14.89 Billion by the end of 2036, registering around 9.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of fire resistant fabrics is assessed at USD 5.19 Billion. The market growth is due to increasing stringent workplace safety regulations and surge in the number of worker deaths in developed countries. In addition, the employees are more exposed to hazardous conditions, which increases the demand for fire resistant fabrics.
Moreover, growing advantages of the fabrics in commercial as well as residential areas will boost the fire-resistant fabrics market expansion. Also, the fabrics are used in home furniture, so that it does not catch fire and make the surroundings safe for the residents.
Furthermore, vehicle seats can be made with the help of fire-resistant fabrics, to protect them from the fire flames. Hence, the rising sale of automobiles it is anticipated to impel the growth of global market in the upcoming years.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
9.1% |
Base Year Market Size (2023) |
USD 4.8 Billion |
Forecast Year Market Size (2036) |
USD 14.89 Billion |
Regional Scope |
|
Application (Apparel, Non-Apparel)
The apparel application segment is expected to garner a significant share of around 56% by 2036. This can be credited to increasing use of protective clothing in the industries. In addition, there is a surging need for this fabric for people who work in environments that involves hazards, such as electricians.
End-user (Transportation, Industrial, Defense & Public Safety)
The industrial end-use segment is estimated to gain the largest market share through 2036, attributed to rising application of various government regulations related to workers safety in the industries. These regulations are majorly focused on the oil & gas industry, as more oil reserves are found in the world.
Our in-depth analysis of the global market includes the following segments:
Application |
|
End Use Industry |
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APAC Market Statistics
The Asia Pacific fire-resistant fabrics market is projected to dominate more than 32% revenue share by 2036. The regional industry expansion is driven by the fire incidents that occur in a variety of industries, including oil & gas, automotive, and others. Clothing composed of fire-resistant materials can help the workers in these industries.
In addition, owing to increased investment in the automotive sector, it is also anticipated that the market size in the APAC region will increase. The fire-resistant textiles are incredibly durable for the seat coverings in addition to providing just fire protection.
North American Market Forecast
North America market is predicted to be the second largest, registering a share of about 26% by the end of 2036, as the government regulations are becoming more stringent in the region. Also, the major end-users are becoming more mature through taking better care of their workers as well as their customers.
Europe Market Forecast
The Europe fire-resistant fabrics market revenue is anticipated to witness substantial growth till 2036, led by presence of a large number of manufacturers in the automobile sector. Moreover, the countries in the region are becoming more mature through spending more on safety.
Author Credits: Rajrani Baghel
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